Our pivot point stands at 0.8923.

Our preference: as long as 0.8923 is resistance look for 0.8835.

Alternative scenario: above 0.8923, look for 0.8957 and 0.8977.

Comment: the RSI is below 50. The MACD is above its signal line and positive. The break above the 50 area on the RSI would call for further upside. Moreover, the pair stands below its 20 and 50 MAs (respectively at 0.8896 and 0.8898).

Chart Caption
   Green Lines Represent Resistances
   Red Lines Represent Support Levels
   Light Blue is a Pivot Point
   Black represents the price when the report was produced

Kategori: Analisa